Tds categary
This query is : Resolved
02 November 2013
There is one AD AGENCY NAMED (AGRAWAL AD AGENCIES) HE HAS GIVEN US SERVICE.
I WANT TO KNOW TDS CATOGARY & PESENTAGE FOR THE SAME.
THANKS
I WANT TO KNOW TDS CATOGARY & PESENTAGE FOR THE SAME.
THANKS
CA Parul Saxena
(Expert)
02 November 2013
TDS will be 1% if the single bill payment exceeds 30000 and category section 194C i.e. TDS for contract
02 November 2013
ok thanks
his bill amt is 1L DTD 4.5.13
& Paid only.70k dtd 6.5.13
rest amt.will be write off
then how could i calulate TDS payment
i have to pay as billing or as per actual payment pl suggest.
thanks
his bill amt is 1L DTD 4.5.13
& Paid only.70k dtd 6.5.13
rest amt.will be write off
then how could i calulate TDS payment
i have to pay as billing or as per actual payment pl suggest.
thanks
CA Parul Saxena
(Expert)
02 November 2013
In my opinion you should ask for fresh bill of Rs.70000 and deduct tds on this amount.
02 November 2013
if he didn't provide then what should i do?
pl suggest
pl suggest
CA Parul Saxena
(Expert)
02 November 2013
TDS should be deducted on Rs.70000 only.....
02 November 2013
sir,
bill is come first then made payment
as per rule it would be deducted on Bill only?
pl suggest.
thanks
bill is come first then made payment
as per rule it would be deducted on Bill only?
pl suggest.
thanks
Nikhil Kaushik
(Expert)
02 November 2013
Dear Siddharth,
No. You are supposed to deduct the TDS on the payment amount.
No. You are supposed to deduct the TDS on the payment amount.
Nikhil Kaushik
(Expert)
02 November 2013
you are welcom Siddharth
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- EPF ECR NEW RULES Sep 17th 2026
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- Issuing of delivery challan by seller of goods
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
